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NRF Chief Economist Says Coronavirus 'Continues As a Shock' for Small Businesses

Data indicating that small business owners are increasingly pessimistic about the coronavirus shows the need for continued economic stimulus measures, National Retail Federation Chief Economist Jack Kleinhenz said today.

“The coronavirus continues as a shock to America’s small employers,” Kleinhenz said. “Small businesses are the backbone of American ingenuity and impact local economies in cities and towns across the country, but responses to recent surveys highlight the fragility of many small business enterprises and the importance of the need for well-tailored economic policy.”

“Just as a physician checks a patient’s pulse to measure the rhythm and strength of the heartbeat, small business is...

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